Nashville TN Real Estate shows 16% improvement in July 2011 over July 2010!
The Tennessean recently reported that Single Family home sales 
showed "a long awaited glimmer of hope" because of the numbers seen in the July 2011 sales.
1692 homes in Middle Tennessee sold in July up from 1463 in July of 2010. That's a 16% increase and a continuation of good news that we've had the past few months.
Alice Walker, President of the Greater Nashville Association of Realtors was quoted as saying: "The July homes sales increase reflects what we've been saying during the past 6 months - the market is steadily recovering".This is certainly good news for those needing to sell their homes for whatever reason.
The Nashville TN Real Estate market did not suffer like many parts of the United States, but we didn't dodge any bullets. The Median sales prices are still down, just over 9% since the first quarter of 2008. Prices appear to be starting to stabilize.
There are less "deals" than last year when first time home buyers snatched up bargains and huge tax credit incentives at the same time. With the inventory down Buyers will meet less anxious Sellers.
The Nashville TN Real Estate sales should pick up this fall after this long hot summer. A good time to put your house on the market will be just after Labor Day. That gives you a few weeks to get it in tip top shape.
See 8 Things you can do to Get Your House Sold!
Connie Harveyis a local agent with Pilkerton Realtors, serving home buyers and sellers in Nashville, TN, Brentwood TN, and Franklin TN. Let her help you realize your Real Estate goals. She can be reached at 615-371-2474.
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Connie
The Nashville Tennessee market is heading in the right direction.
Good luck and success.
Lou Ludwig
Connie have you noticed some of the blogs in the Rain talking about the improvement in their areas. We should be reporting the real estate news not the media. Good job as always.
Lou - We certainly hope so! Thanks for stopping by.
Joe - I think it's time we start telling the public the GOOD News!
Joni - I keep forgetting about that challenge. I'll have to go post it there!
Hi Connie, isn't it wonderful to see things headed in the right direction? We are seeing it in many parts of our area as well.
Hi Connie - Joe & Joni have the right idea about everybody posting their good news in AR. We have to lead the charge and push good news through all the negative reporting.
Hi Ann! Yes it really is nice to see good news for a change!
Conrad - You're absolutely right! You know how I feel about negativity!
HI Connie,
Very Cool local community update and real estate recovery article, sure looks like you guys are on the right track in Nashville Tn.... Good for your you and your community
Connie, love the positive reporting I've been seeing all over AR lately - can't count on the media. 16% is wonderful.
Connie - when one considers the drop in one day in the stock market, a 9% drop since 2008 in house prices is just that a drop in the bucket. Real estate is, was, and always will be the best investment the average person can invest in.
Peter and Linda - It does look like things are improving.
Ellie - We have to shout louder than the media to get the message out!
Kathy - No joke. I hate going home only to have my husband tell me how much money we lost that day!